August 24, 2015

Anglo American sells copper mines in Chile to UK investment firm

The price for the two assets could rise to $500m from $200m, depending on an eventual recovery of copper prices and the execution of an expansion plan for the Mantoverde…

August 24, 2015

South32 survives mining sector slump, to cut $350m in costs until 2018

The company said is not keen on Rio Tinto's thermal coal assets, currently up for sale.

August 23, 2015

Mining private equity is being fundamentally transformed

Appian Capital founder Michael Scherb: "You're now seeing the same changes in mining that happened in oil and gas which is now heavily supported by PE"

August 19, 2015

Decision in Rio Tinto’s case against Vale over Simandou imminent— report

New York court must decide by September whether or not it accepts Vale and BSGR request to dismiss the lawsuit that claims they conspired to steal Rio's rights over the…

August 19, 2015

Glencore stock getting hammered as China slowdown, commodities rout hit profit

The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.

August 18, 2015

Lucara’s on a roll: three new diamonds recovered at Botswana mine

Since the recovery of the first large diamond from Karowe in 2013, the firm has found 216 gems at the site.

August 18, 2015

Copper down to fresh six-year low after China market falls

The red metal dropped to $5,012 on trading on the London Metal Exchange, approaching the level of $5,000 it last hit in late 2008.

August 18, 2015

Glencore plans to shut Eland platinum mine in South Africa, union says

The company had said in June it lacked the inside edge to make owning the precious metal worthwhile.

August 17, 2015

Endeavour Mining up on positive drilling results at African gold asset

Results confirm high grade mineralization zones at the firm's Agbaou gold mine, in Côte d’Ivoire.

August 13, 2015

South Africa’s platinum miners start over

Companies turn to shallow, highly mechanized new mines to keep costs low.